Transcontinental Inc.'s Media Sector, TC Media, announces the sale of its weekly Courrier Laval, as well as its related web property, to 2M Média. This company is led by Mr. Martin Olivier, President, and Mr. Martin Routhier, Vice President, who are both former TC Media managers. Fourteen employees of Courrier Laval are transferred to the acquirer, along with two employees from TC Media's Production team. Furthermore, TC Transcontinental also concluded a multi-year agreement for the printing and distribution of this publication. TC Transcontinental therefore hands over the reins to 2M Média to carry on the activities of Courrier Laval, a jewel of the weekly newspaper landscape in Québec. The Corporation would like to thank all the employees who have shown dedication and professionalism over the years and wishes them the very best for the future at 2M Média. Click Read More below for additional information.
Nashua’s namesake company, Nashua Corp., owned by graphics giant Cenveo, will shutter its Merrimack location by April 30 of next year, resulting in 53 layoffs and marking the end of a manufacturing legacy in New Hampshire that goes back more than a century.
The company notified the state and the town by letter on Oct. 26 that the Merrimack packing facility at 59A Daniel Webster Highway is ramping down and will be permanently closed by next spring.
The letter, filed in compliance with the Worker Adjustment and Retraining Notification Act (WARN), lists 20 non-union and 33 union positions that will be affected by the plant closure, ranging from process engineers to janitors and pipefitters.
Founded in 1849 as the Nashua Card and Glazed Paper Co., and incorporated as Nashua Corp. in 1904, the company had five factories in different states as recently as 2010. Nashua Corp. was purchased in 2009 by Cenveo, in a $44 million cash and stock deal. Soon after that purchase, Cenveo closed the Nashua Corp. plant in Omaha, Neb.
more at: http://www.unionleader.com/End-of-era-for-Nashua-Corp-Merrimack-location-to-close&source=RSS#sthash.UKejy8Qe.dpuf